Kenya’s total public debt has climbed to KSh 11.97 trillion as of August 2025, representing 67.4 percent of the country’s Gross Domestic Product (GDP). This was disclosed in the National …
debt sustainability
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African DevelopmentEconomyFinanceKenyaPublic Debt
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DevelopmentEconomyFinanceGlobal NewsIMF ProgrammeInternational RelationsNigeriaPolicies
IMF to Release New World Economic Outlook and Global Financial Stability Reports Today
The International Monetary Fund (IMF) will today, Tuesday, October 14, 2025, unveil its latest World Economic Outlook (WEO) report in Washington, D.C., during a hybrid press briefing as part of …
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BusinessDevelopmentEconomyFinanceInfrastructurePolitics
World Bank approves N12.88tn loans to Nigeria in two years
The World Bank has approved a total of $8.40bn (about N12.89tn) in fresh loans to Nigeria within the last two years. The new approvals, which span from June 2023 to …
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Banking, Finance & InvestmentEconomyNigeriaOil & GasPolicies
Moody’s Upgrades Nigeria’s Credit Rating But Warns Falling Oil Prices, Inflation Could Threaten Naira Stability
Global credit rating agency, Moody’s Ratings, has upgraded Nigeria’s long-term foreign and local currency issuer ratings from Caa1 to B3, citing improved transparency in the country’s foreign exchange system and …
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EconomyFinance & ServicesGOVERNMENTInfrastructureNigeriaPolitics
Nigeria’s Public Debt May Rise Beyond ₦182tn as Tinubu Seeks Fresh $24bn Loan
President Bola Ahmed Tinubu has asked the National Assembly to approve new foreign loans amounting to $24.14 billion. If the lawmakers give the go-ahead, Nigeria’s total public debt may jump …
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AfricaBusiness PoliciesDevelopmentEconomyFinance & ServicesGOVERNMENTInternational RelationsTOGO
AU, AfDB, and Togo Host High-Level Conference to Tackle Africa’s Rising Debt Crisis
The African Union (AU), in collaboration with the African Development Bank (AfDB) and the Government of Togo, has begun preparations for a high-level conference aimed at addressing the continent’s growing …